Chart 3
Debt-to-asset ratio increased to its highest point in 35 years in 2009

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Year Assets Debt-to-asset ratio
in 2009 constant dollars percentage
1970 264,652 16.2
1971 273,931 16.1
1972 287,607 16.4
1973 298,452 15.8
1974 301,846 15.8
1975 300,486 17.0
1976 307,855 17.5
1977 312,266 17.8
1978 320,570 17.8
1979 329,511 17.6
1980 335,977 16.9
1981 317,076 16.7
1982 299,967 15.5
1983 307,538 15.1
1984 309,021 14.9
1985 317,016 15.2
1986 330,573 15.8
1987 339,710 16.7
1988 348,867 17.2
1989 360,688 17.3
1990 347,223 18.2
1991 345,180 17.7
1992 352,198 17.8
1993 373,816 17.0
1994 385,049 17.1
1995 387,924 17.0
1996 411,884 16.3
1997 426,872 16.2
1998 432,208 16.6
1999 460,327 16.1
2000 464,810 16.3
2001 454,845 17.0
2002 452,693 17.5
2003 465,554 17.5
2004 491,312 17.4
2005 523,956 17.1
2006 559,004 16.9
2007 574,008 17.5
2008 537,003 19.6
2009 559,427 19.6
Source: Statistics Canada, CANSIM table 378-0051.